The Death and Diminishment of Malls and Other Big Footprints We are on the edge of the Great Retail Demassification. Prior to the “great disruptor” (that would be the Internet), and before the marketplace became ridiculously over-stored and over-stuffed, consumers were […]
Retail has never seen an event quite like Shoptalk. If you\’re responsible for innovation and transformation in your organization and you weren\’t part of the community of almost 8,500 strong at Shoptalk last week, you were conspicuous by your […]
[…] destinations) and Millennial shopping behavior, which is shop-until-you-drop…but don\’t buy. As I pointed out in my recent article The Great Retail Demassification, there are several reasons mall traffic is suffering, directly impacting store traffic, particularly in the B and C malls: […]
[…] use these new tools. Hey, they created them. As consumers, their use of them is driving major changes to traditional retail models. And, as entrepreneurs, they are developing these tools to create a landscape of new business models so disruptive […]
[…] strategy. Anderson’s long tail is a theoretical rationale for the explosive growth in numbers of niche apparel brands across all retail sectors. At the same time, many of the 20th century megabrands, such as Levi, Gap, Lee Jeans, and others, […]
[…] biggest competitive imperative for this century. Amazon, like in so many other ways, is the undisputed leader. All other major retail players are hardly out of the starting gate. They are well advised to get their acts together. IT’S PERSONAL! […]
[…] can be as economically attractive as mainstream fare. When consumers are offered infinite choice (which is an understatement in the retail industry), the true shape of demand is revealed. And it turns out to be less hit-centric than we thought. […]
[…] a good head start with an aggressive commitment underway that can fundamentally transform Macy’s model, to say nothing of leading retail brands across the industry into a renaissance. Spring Awakening I cheered Macy’s Inc. a couple of years ago when […]
[…] anymore to procure their provisions. Time is the new luxury and consumers are on a speed trip of expectations from retailers. So, Macy\’s must go to them both digitally and physically on all possible distribution platforms. Market by Macy\’s has […]
